Legal Opinion
Humphrey v. Commissioner of Internal Revenue
Court of Appeals for the Ninth Circuit
Decided June 21, 1937No. 8318PublishedCited by 10 opinions
1Opinion of the Court
WILBUR, Circuit Judge.
The taxpayer in this case claimed a deduction from his gross income by reason of the loss of $126,993.66 during the taxable year ending December 31, 1929. 'The Commissioner contends, and the Board of Tax Appeals found, that the taxpayer was not entitled to any deduction. The facts were stipulated and are set forth in the findings of the Board of Tax Appeals.
The taxpayer, together with A. J. Crocker Company, the Provident Security Corporation, J. A. McCarthy, and Thornton Wilson, -trustee, entered into an agreement as a joint venture to share in the profits and losses in…
2Cases cited7 opinions
- Eckert v. BurnetSupreme Court of the United States · 1931
- Thomas v. MatthiessenSupreme Court of the United States · 1914
- Young v. RosenbaumCalifornia Supreme Court · 1870
- Ellsworth v. BradfordCalifornia Supreme Court · 1921
- Crain v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1935
2 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- J.R. Betson, Jr. And Joan Sue Betson v. Commissioner of Internal Revenue ServiceCourt of Appeals for the Ninth Circuit · 1986
- Santa Anita Consol., Inc. v. CommissionerUnited States Tax Court · 1968
- Graf v. CommissionerUnited States Tax Court · 1983
- Jenkins v. BitgoodCourt of Appeals for the Second Circuit · 1939
- Beatrice B. Bramer, Cecil B. Mihaly and George C. Brown, Surviving Executors, Estate of S. Eugene Bramer, Deceased v. United StatesCourt of Appeals for the Third Circuit · 1958
5 more not listed; retrieve them via the Exa API.